As Morgan Stanly recognized Indonesia as a member of the BRICI, next group of emerging economies substituting the BRICs, Indonesia is taking a more important role in the global economy. Indonesia is a member of G20 like Korea and is showing a robust GDP growth of 4% in 2009 and expecting a 7% growth in 2010 in the midst of global financial turmoil stemming from subprime mortgage crisis. As the incumbent President Susilo Bamban Yudoyono was reelected in July 2009, political stability is being strengthened and as a result, reform policies are expected to be geared further. Development pace of Indonesia is now accelerating, thanks to its wide development potential with total population of 245 million, which is ranked the 4th largest population in the world, as well as abundant natural resources, and strengthened competitive export position based on labor cost, which is even lower than that of China or Vietnam. (The rest omitted)